ANNUAL
REPORT
2014 - 2015
CRAFTON HILLS COLLEGE
MISSION
PRESIDENT’S MESSAGE
The mission of Crafton Hills
College is to advance the
educational, career, and personal success of our diverse
campus community through
engagement and learning.
VISION
Crafton Hills College will be
the college of choice for students who seek deep learning, personal growth, a supportive community, and a
beautiful collegiate setting.
VALUES
Crafton Hills College values
academic excellence, inclusiveness, creativity, and the
advancement of each individual.
C
rafton Hills College continues to make
significant progress in serving our
students and community. We are thrilled
to report major growth in enrollments in
2014-2015. In fact, we were one of the top
10 fastest growing community colleges
in the nation for our size. We were able
to add classes for the first time in 5 years,
which helped students get the courses
they needed, and brought new students
to the campus. Our efforts to help
students succeed have been showing
dividends, as well. We’ve seen increases
in the number of degrees and certificates
offered, the number of transfers to 4-year
institutions, and the number of honors
graduates.
Behind the scenes, we have been
working with our community on cradle
to career pathways. There are exciting
things happening in our region with our
community college partners, as well as
our K-12 and adult education partners.
For example, we are partners with CSUSB,
UCR, and others on the Governor’s
Innovation Grant - a two county project for
increasing college and career readiness.
Another exciting project is the Gateway
College being established by Loma
Linda University Health in downtown
San Bernardino to offer education for the
health care field. Crafton Hills College
will be one of the partners offering
classes in the new facility. Our new
Adult Education Regional Consortium
has strengthened ties with K-12, will
eliminate duplication of services and
enhance transitions, allowing us to better
serve the community.
Three new buildings are completing
construction and will open in 20152016. Our Public Safety and Allied Health
Building will house our Respiratory, Fire,
Paramedic, and EMT programs along
with our state of the art simulation lab.
Canyon Hall, our new science facility
greatly expands our labs and will house
Biology and Chemistry. The Crafton
Center is designed to be a welcoming
and functional facility for meeting new
students’ needs and for community
gatherings. It houses gateway services
such as admission and records, financial
aid, counseling, and administration. We
invite you to come see our new facilities
in the coming months.
More highlights of our year are inside.
Crafton continues to strive to make our
students engage, learn and advance. I
believe you’ll find proof of that here.
Cheryl Marshall, Ed.D.
President
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SAN MANUEL AWARDS CHC $100,000
FOR STUDENT EMPLOYMENT & SCHOLARSHIPS
C
rafton is already seeing results from the grant it received from San Manuel Band
of Mission Indians in August
2014. “Without the opportunity to work on campus, I would
be working dead end jobs,
paycheck to paycheck,” said
Destinique Brown. “Because of
my job as a student assistant, I
imagine not only a career that
provides a good living, but one
that impacts the lives of others.”
Brown is one of the 80+ students who are working parttime jobs on campus, thanks
to the $100,000 ISEEK (Increasing Student Engagement, Employment & Knowledge) grant
funded by San Manuel. Oncampus student employment
has been shown to increase
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student engagement, which
helps students stay connected
to school and succeed in their
classes. It also helps them pay
for enrollment fees, textbooks,
transportation and other expenses that may otherwise interfere with their ability to stay
in school.
The ISEEK grant also earmarks
$10,000 for scholarships. Scholarships help students while
they are at CHC and when they
transition to a four-year institution. Over 90% of Crafton
students intend to transfer to
a four-year institution. These
scholarships will help smooth
the transition from community
college to a four-year institution, and being a scholarship
awardee will help the student
transfer with greater self-confidence.
“It is always heartwarming to
hear what a difference the oncampus jobs make for our students,” said Dr. Cheryl Marshall,
president of CHC. “It allows
students to spend more time
on campus and focus on their
studies, leading to higher success rates. We appreciate San
Manuel’s contribution and their
dedication to education.”
Many of the students hired
work in the Tutoring Center,
helping other students. This
results in a wider impact of the
grant--helping hundreds of
students a semester.
CONGRESSMAN COOK VISITS CHC CAMPUS
C
ongressman Paul Cook (8th
District) took time from his
busy schedule on Friday, August
22 to visit Crafton Hills College.
He took a tour of the campus
with President Cheryl Marshall
where he visited the new fitness
center in the Kinesiology, Health
Education & Aquatics Complex,
toured the solar farm, and made
a brief stop to view the construction of the new Public Safety
and Allied Health Building. His
last visit was at the proposed
future site of a Veterans’ Center,
a cause very important to Col.
Cook (Ret.). The visit was a great
opportunity for Dr. Marshall to
share the great things happening at Crafton and to express the
need for higher funding for community colleges.
“I REMEMBER YOU!“
CHC RETIREES RETURN TO CAMPUS
N
ineteen CHC retirees attended a special brunch
hosted by the CHC Foundation
on Friday, August 15, 2014. The
Retiree Brunch afforded retired
faculty and staff a chance to
witness the changes on campus
since they left, and a chance to
hear about new directions for
the campus.
A highlight of the brunch was
hearing from two CHC students, current trustee Alexis
Panaguiton and Crystal Sultzbaugh, AS President. Sultzbaugh said Crafton Hills is her
“second chance” at life and college. She came here because
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of location and affordability,
but has fallen in love with “the
picturesque views, the quality
education, and the dedicated
faculty—but not the parking.”
Panaguiton, a first generation
college student, said, “Choosing CHC was easy because of its
affordability, choosing to stay
was even easier because of the
faculty who have passion for
their students.”
President Marshall ended the
brunch with an update on the
college activities, focusing on
new student success initiatives
and construction.
STEM PATHWAYS PROJECT
RECEIVES NATIONAL RECOGNITION
C
“IN JUST TWO
YEARS, THE
STEM PATHWAYS
PROJECT HAS
GRADUATED 54
STUDENTS IN
STEM FIELDS..”
rafton Hills College was
recognized by Excelencia
in Education for its STEM Pathways Project at Celebracíon de
Excelencia in Washington, D.C
on September 30, 2014. The
project received an Honorable
Mention for the 2014 Examples
of Excelencia, in the Associate
category. Examples of Excelencia is the only national initiative
to identify and promote programs and departments at the
forefront of advancing educational achievement for Latino
students in higher education.
The STEM Pathways Project
was launched in 2011 with the
goal of strengthening systems
and services to better support
the success of Latino and other
low-income students. Students
enrolled receive a rigorous
STEM education at Crafton Hills
College in an environment that
provides an integrated network
of social and academic support
with the end goal of transferring into STEM programs at
highly regarded four year institutions. The program offers
two pathways to students:
STEMTrek, which offers support to successfully transfer to
four year institutions and, STEM
Academy, supporting students
beginning their studies. Participation in the program requires
students to participate in program events as well as 18 hours
of tutoring support. Both programs serve approximately 80
students per year. Overall, 41%
of students participating in
these programs identify as Latino. In just two years, the STEM
Pathways Project has graduated 54 students in STEM fields,
a significant increase from its
baseline year where only nine
students graduated in STEM
fields.
Richard Hogrefe, Dean of Arts
& Sciences and Project Director, and Ernesto Rivera, STEM
Transfer Services Coordinator,
accepted the award.
5
CHC HOSTS PARALYMPICS
AT THE AQUATICS CENTER
A
Gateway to Gold swim
event was held at CHC on
Sept. 27-28, hosting potential
U.S. Paralympics from California, Washington, Massachusetts, Texas, and Mexico. The
Gateway to Gold initiative is a
talent identification program
Special thanks to the many volunteers!
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that will introduce people with
physical and visual disabilities
to Paralympic sport and lead
them to the athlete pipeline
for the U.S. Paralympic Team.
About 40 swimmers completed
time trials in a variety of swim
events over the two days. “The
organizing team was very impressed with our facilities,” said
Heather Chittenden, Aquatics
Director. “I expect we’ll be doing more of these events in the
future.”
SCHOLARS
MEET DONORS
T
he CHC Foundation hosted a reception for their
scholarship donors and the
2013-14 scholarship recipients on Thursday, Oct. 16. The
reception gave the scholars
an opportunity to thank their
donors and apprise them of
their educational and career
goals. It also gave the Foundation an opportunity to
recognize their donors and
demonstrate how their donations make a difference in
someone’s life.
“COME TO COLLEGE” FAMILY FEST
INCLUDES KHA RIBBON CUTTING
T
he second “Come to College” Family Fest on Saturday, Oct. 18th attracted families from Yucaipa, Redlands and
Beaumont. They had an opportunity to see career demonstrations, participate in science
experiments, and play games.
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Kids could get their photo taken in a cap and gown as a way
for them to visualize graduating from college. Events were
also held in the new Kinesiology, Health & Aquatics (KHA)
building after a ribbon cutting
event for the new facility. The
Obsidian Dance Club taught
some groovy dance moves and
the pool was open for swimming after lunch.
TOPPING OUT CEREMONY FOR CRAFTON CENTER
A
tradition of “topping out” a
new building was adopted
for the Crafton Center. Topping
out is a builders’ rite traditionally held when the last beam (or
its equivalent) is placed atop a
structure during its erection.
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To make the ceremony inclusive of campus, students, faculty and staff had an opportunity
to “tag” the beam first. Painted
Crafton green, everyone could
contribute to the history of the
campus by leaving their mark
on the beam. It was then hoisted to its place on Wednesday,
Oct. 8, 2014. The Crafton Center was completed in fall 2015.
TWO FIRE ACADEMY CLASSES
GRADUATE IN 2014-2015
C
HC’s 81st Fire Academy Class graduated on
Wednesday, November 19, and
33 cadets from throughout the
Inland Empire graduated from
the CHC 82nd Fire Academy on
Wed., April 29th.
The objective of this certificate
is to develop the skills required
for Firefighter I Certification
and to develop teamwork, attitudes and public service commitment. The Firefighter I Basic
Training Academy is approved
by the California State Fire
Marshal’s Office as an accredited Regional Training Center.
In conjunction with CAL FIRE,
these graduates also earned
a CAL FIRE Basic Wildland Fire
Fighting Certification.
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THIRD ANNUAL
FRIENDS OF CRAFTON HILLS LUNCHEON
The Friends of Crafton Hills
College Annual Luncheon
drew a supportive group of
alumni, community members
and business partners. Held at
the Yucaipa Valley Golf Club
on Thursday, November 20th,
the luncheon gave CHC an opportunity to tell success stories of the campus, and more
importantly, of its students.
Shenwen Gu and Destinique
Brown shared their challenges
of attending college and their
heartwarming stories of how
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Crafton is making a difference
in their lives. The luncheon
ended with recognition of the
President’s Circle members and
an invitation for others to join.
“I love this opportunity for
Crafton to reach out to our
friends and share the successful stories happening every day
at the college,” said Michelle
Riggs, Director of Resource Development and Community Relations.
CHC RANKED IN TOP 10
FASTEST GROWING CC
“CHC WAS THE
NINTH FASTEST
GROWING
COMMUNITY
COLLEGE IN THE
NATION IN ITS
SIZE CATEGORY.”
C
rafton Hills College was
one of the California Community College who saw enrollment growth in 2013-2014.
In fact, CHC was the ninth fastest growing community college in the nation in its size category (5,000-9,999 students).
Across the nation there was a
decline in enrollments by 2.2%
from 2012-2013, according to
Community College Week (1208-2014), using data from the
U.S. Department of Education’s
National Center for Educational Statistics (NCES). It is common for college enrollments to
decrease when the economy
improves, as occurred the last
few years.
However, Crafton Hills College grew 7.9%, thanks in part
to the passage of Proposition
30, which provided funding
for the college to offer more
courses. “We have strategically
managed our enrollment by
offering the classes of highest
need for our students,” says Dr.
Bryan Reece, vice president of
instruction.
“Our beautiful campus, with
outstanding faculty and transfer opportunities has made
Crafton Hills the college of
choice in our community,” says
Dr. Cheryl Marshall, president.
“We expect to see additional
growth this year as well.”
Crafton Hills shared the top
ten in its category with three
other California colleges. California colleges also dominated
the 10,000+ category, taking
the top five spots.
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CHC RECEIVES $15,000 GRANT
FROM EDISON
C
HC accepted a check for
$15,000 from Edison International for scholarships and
instruction.
“We are excited to increase
the number of scholarships
we can provide our students,”
said Michelle Riggs, director
of resource development and
community relations. “Textbook costs can be prohibitive
to students entering college,
especially in the STEM fields, so
this is very much appreciated.”
The $15,000 grant is earmarked
for ten $1,000 scholarships for
RESPIRATORY CARE
GRADUATES 26 IN CLASS OF
T
wenty-six
students
comprised CHC’s Respiratory Therapy Class of
2014, the 36th Class of RT.
They celebrated the completion of the 18-month
program with a graduation
on Thursday, December 18
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at 5 p.m. in the Performing
Arts Center. The Crafton Hills
Respiratory Care program is
accredited by the Commission on Accreditation for Respiratory Care (COARC).
STEM students, and the remainder to update fire curriculum to
meet the State Fire Training revised certification standards.
EMERGENCY MEDICAL TECHNICIANS
COMPLETE CERTIFICATE
I
t was standing room only as
friends and families packed
the Performing Arts Center for
the 2014 EMT Graduation on
Friday, December 19. The 99
EMTs completed an intensive
18-week program, and about
10% passed the EMT National
Registry exam before graduation. Class leaders received certificates of appreciation from
their instructors.
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CHC GRADUATES 82ND
CLASS OF PARAMEDICS
T
he 82nd Paramedic Class
graduated on Friday, January 9 at 7 p.m. in the Performing Arts Center.
Families joined the 21 students
in the Performing Arts Center
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to celebrate their accomplishments. The students completed the 10-month program,
attending classes MondayThursday, and finished 600
hours of field work.
“WE ARE SO PROUD
TO TRAIN HIGH
CALIBER FIRST
RESPONDERS FOR
OUR COMMUNITY.”
TEA WITH THE DEANS
M
ore than 200 students
came to have Tea with
the Deans on Wednesday, February 25th. They were part of
the 900 students who made
the Honors or Deans List. The
Deans, Vice President of In-
struction and President serve
the students tea and a light
lunch as a recognition of their
achievement. Students have to
have a 3.25 GPA or higher to be
invited.
STUDENTS ROCK! TOUR FEATURES BATTLE OF THE
BANDS AND FUNDRAISING
T
he Students Rock! Tour at
the National Orange Show
on Saturday, March 28th drew
over 200 fans of all bands and
music genres. The one thing
they had in common, a commitment to Crafton Hills College.
The concert-themed event
was presented by the CHC
Foundation. During the rockin’
evening, there was a surprise
visit from the Blues Brothers,
(aka President Cheryl Marshall
and Vice President Bryan Reece), plus a Battle of the Bands,
with band members selected
by the highest bidders. Five
members comprised each of
two bands and they got to
select the song they would
perform, i.e. lip synch. Johnny
Cash (Sam Irwin) and his band
rocked out to Ring of Fire, while
Adam Levine (Ben Gamboa)
with Crafton 5, brought down
the house with their rendition
of I Love Rock ‘n’ Roll. The battle
helped get the crowd pumped
up for the live auction period
18
where supporters helped fund
a number of Crafton Hills College initiatives, including firefighting equipment, textbooks
and tuition, a new Veterans’
Center, and President’s Circle.
Another highlight of the night
was recognizing Scott Hernandez as Crafton Hills College
2015 Distinguished Alumnus.
Hernandez graduated from
CHC in 2001 with an associate’s
degree in sociology. He was a
first generation college student who embraced the experience, going on to UC Riverside for a bachelor’s degree in
creative writing and Chicano
studies. He then completed an
M.A. from CSU Northridge and
culminated his education with
an M.F.A. from the UC Riverside Writing for the Performing
Arts program. “My experience
at Crafton Hills gave me the
foundation I needed to have
a successful academic career,”
says Hernandez.
Hernandez has achieved his
career goal of becoming a
community college instructor.
He is an assistant professor at
Riverside City College and the
advisor of the Film and Video
Club. He also teaches at the
UCR ARTSblock, where he is
able to help high school students create films in the OFFTHEblock summer film program.
The CHC Foundation also received a $25,000 pledge from
Kitchell/BRj. “We are so pleased
to have the continued support
of our construction management team,” said Dr. Marshall,
CHC president. “These funds
help the Foundation do its
work to enhance educational
excellence on our campus in a
variety of ways.”
San Manuel Band of Mission Indians cemented their $100,000
grant for Crafton’s ISEEK program with a check presentation as well.
At the end of the evening, all
fans went home feeling like
winners.
CHC RECEIVES YAWA AWARD
S
an Manuel Band of Mission
Indians
representatives
present Yawa’ Awards to four local nonprofit organizations for
their partnerships in community service.
Left to right are San Manuel
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Chairwoman Lynn Valbuena,
San Manuel Councilwoman
Melonie Calderon, Youth Committee Chairman Alfonso Martinez, IYA Founder Pat Gordon,
Children’s Fund CEO Erin Phillips, CHC President Cheryl Mar-
shall, and Rev. Michael Berry for
Mary’s Mercy Clinic.
The award was given at the
YAWA breakfast on Tuesday,
March 24.
ANNUAL
STUDENT
RECOGNITION
DINNER
O
ver 50 students were
lauded at a packed house
for the 2015 Student Recognition Dinner on Friday, April 24.
This special evening provides
faculty an opportunity to recognize their best and brightest
students, and students, in turn,
recognize faculty with special
awards.
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CHC INAUGURAL
THREE PEAKS TRIATHLON
C
rafton held its first Three
Peaks Triathlon on Saturday, May 9th on campus.
About 40 individuals and 11
teams competed by running,
flipping tires, and swimming
in the Olympic pool. The group
included faculty, staff and students from CHC, as part of an
effort to increase engagement
on campus. The event ended
with a free BBQ for participants
and supporters.
SCHOLARS
CONVOCATION
C
raf ton awarded over
$102,000 in scholarships
to continuing and graduating
students on Friday, May 15.
More than 120 students received scholarships, including
15 students who are graduating with a 4.0 grade point average.
Students must apply for most
of the scholarships, which
are privately funded through
the CHC Foundation, and
are awarded on merit. Other
scholars are selected by faculty
and staff for their exemplary
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studies and service to the college. The highest honor is the
President’s Award, whereby
the student is nominated by
faculty or staff and selected
by the President.
The President’s Award was given to Katharine “Rose” Guzenski, a psychology major, who
is transferring to CSU East Bay
in the fall. Convocation was
preceded by a reception for
the CHC Foundation and its
donors.
TRANSFER STUDENTS ARE SUPER
HEROES FOR A DAY
T
he Transfer Center hosted
a luncheon for all transfer
students on Friday, May 15.
Representatives from CSUSB
and UCR attended and welcomed students who are transferring to their institution. Rose
Guzenski, President’s Award
recipient, encouraged her fellow graduates to embrace their
new educational opportunity
and continue to be “super heroes.”
#CHC2015
C
rafton held its 2015 Commencement on Friday, May
22 at 6 p.m. in the open Quad,
with a record 768 students eligible to graduate, ranging in
age from 18 to 69 years old.
Braving the cold and drizzly
weather, family and friends
came to celebrate with their
graduate, who now take the
next step in their career path,
whether it be transferring to
a four-year university or using
their newly earned certificate
to find a job.
2014 - 2015
PRESIDENT’S CIRCLE
MEMBERS
MICHAEL & CARLA ALDER
DONALD & CAROL AVERILL
DANIEL & NANCY BAHNER
BRUCE & ELIZABETH BARON
BRJ & ASSOCIATES, LLC
RAY & MARGIE CASEY
GORDON & SARA CLOPINE
BILL & GLORIA HARRISON
PAUL & DONNA HOFFMANN
CRAFTON HILLS COLLEGE PRESIDENT’S CIRCLE
Support Crafton Through Annual Leadership Giving
KITCHELL CORPORATION
GLEN & CLARISSE KUCK
CARLOS A MALDONADO
STEVE & REBECCAH MARLATT
PATRICK & CHERYL MARSHALL
BRANDON & JULIE MCKEE
CHARLIE & TOMMI NG
DONALD & RUTH ANN NYDAM
The President’s Circle at Crafton Hills College is a select community of friends
of the college who support our mission and vision through annual gifts of
$1,000 or more. This dynamic group of alumni and friends plays a vital role
in supporting the college, giving the President the flexibility to embrace
new ideas and emerging opportunities while meeting the evolving needs
of Crafton Hills College.
Members who designate $1,000 or more toward President’s Circle make
it possible for the college to:
PMSM ARCHITECTS
•
Strengthen and enhance student learning opportunities
BRYAN & KATHI REECE
•
Support innovative and promising projects with college faculty
HARVEY RICKETTS &
•
Fund and support the President’s vision for the future of the college
BETTY JO WOOD
SAM & MICHELLE RIGGS
MICHAEL & AMY STRONG
JUNE C YAMAMOTO
All President’s Circle members receive:
•
•
•
JOIN A RESPECTED FAMILY
OF COMMUNITY AND
COLLEGE LEADERS
28
Invitations to exclusive President’s Circle events throughout the year.
Prominent acknowledgement and listing as a President’s Circle
member in all appropriate publications.
Name listed on the Wall of Distinction located in the Learning
Resource Center.
For more information, please contact Michelle Riggs
at 909.389.3391 or mriggs@craftonhills.edu
PRESIDENT’S MESSAGE
2014-2015
BOARD OF DIRECTORS
EXECUTIVE COMMITTEE
DAVID E. RALEY
PRESIDENT
SAM IRWIN
VICE PRESIDENT
CHERYL MARSHALL
SECRETARY
MIKE STRONG
CHIEF FINANCIAL OFFICER
ELECTED FOUNDATION
DIRECTORS
JOANNA AVERETT
R
ock on! That’s what the CHC
Foundation did last year for
its annual gala. The gala proves
to be a fantastic way to spread
the word about the good
work of Crafton Hills College,
while having a great time!
Most importantly, we raised
$117,000 for our students.
Other events and activities
spearheaded by the Foundation
last year helped propel
our mission of “enhancing
educational excellence.” We
received grants in excess of
$115,000 to help fund student
scholarships and employment;
both of which are crucial
to student success. We also
raised funds to outfit our Fire
Academy cadets in new gear
and helped pay for a field trip
for transfer students to visit
DONNA M. FERRACONE
UCs and CSUs in central and
northern California.
The Foundation Board of
Directors are critical in moving
the Foundation forward in its
goals. I want to thank them for
making my tenure as president
for the last two years easy. I
also want to thank the staff of
the CHC Foundation, whose
work makes the organization a
success. And, most importantly,
I want to thank our donors
who believe in the work of the
Foundation and the College as
much as I do.
TOMMI NG
LILLIAN VASQUEZ
DANIEL BAHNER
GLORIA MACÍAS HARRISON
DONALD J. NYDAM
BETTY JO WOOD
GORDON A. CLOPINE
WILLIAM LINDSEY
MICHAEL J. SMITH
CHERYL A. COX
WILLIAM N. NASSAR
ROBERT J TEMPLE
APPOINTED FOUNDATION
DIRECTORS
DENISE ALLEN-HOYT
PRESIDENT, ACADEMIC SENATE
MICHELLE TINOCO
PRESIDENT, CLASSIFIED SENATE
David E. Raley, President
Crafton Hills College
CRYSTAL SALTZBAUGH
PRESIDENT, STUDENT SENATE
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2014 - 2015 DONOR HONOR ROLL
$100,000 and above
San Manuel Band of Mission Indians
$40,000 - $99,999
HEDCO Foundation
BRJ & Associates/Kitchell Corporation
$10,000 - $39,999
The Community Foundation
$5,000 - $9,999
Foundation for California Community Colleges
The Bernard Osher Foundation
City of Yucaipa
$2,500 - $4,999
California Conservation Corps
William & Gloria Harrison
Bernards Bros.
Winningham Family
PMSM Architects
Target Corporation
Pepsi Beverages Co
Michael & Amy Strong
Kevin Newland
Merrill Lynch
P2S Engineering, Inc.
James & Theresa Ramos
Yucaipa Women’s Club
$1,000 - $2,499
Dr. Donald & Mrs. Carol Averill
Harvey Ricketts & Betty Jo Wood
Sam & Kitt Irwin
Mr. Patrick & Dr. Cheryl A. Marshall
Alaina Matthews
Larry & Linda Cook
Donna Ferracone
Dr. Daniel & Mrs. Nancy Bahner
Gordon & Sara Clopine
Dr. Diane Pfahler
Augustin & Maria Rios
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Drs. Steve & Rebecca Marlatt
Brandon & Julie McKee
Rotary Club of Yucaipa
Bruce & Elizabeth Baron
William & Linda Nassar
June C. Yamamoto
Donna Hoffmann
Cheryl A. Cox
Michael & Carla Alder
Jason & Cyndi Gundersen
Autism Society Inland Empire
Beaver Medical Clinic Foundation
Kathryn E. Crow
HMC Architects
Kiwanis Club of Yucaipa Valley
Thomas & Josie Konzem
Alan Kroeker
James & Veronica Roberts
Steinberg Architects
Warnaco, Inc.
Yucaipa Chamber of Commerce
$500 - $999
Sam & Michelle Riggs
Dr. Bryan & Mrs. Kathi Reece
Dr. Glen & Mrs. Clarisse Kuck
Carlos A. Maldonado
Wayne & Debra Bogh
Michael & Deborah Wasbotten
Anonymous
Leland & Edna Finkelstein
Lindsey Financial, Inc.
Lillian Vasquez Wisegarver
Dr. Keith & Sheri Wurtz
David & Karen Childers
AHBE Landscape Architects
Col. David & Mrs. Diane Raley
Dennis R. Stevens
Benjamin R. Gamboa
Leighton Consulting, Inc.
Russell Fox
Dr. Wayne & Mrs. Doris Milloy
Kelly Boebinger
California Construction Management, Inc.
Catholic Charities - Serving San
Bernardino & Riverside
James Forester & Olga Polasek
Higginson + Cartozian Architects, Inc.
Inland Leaders Foundation
Keenan and Associates
Mamerto C. Licerio
Schools First Federal Credit Union
Mark & Bonnie Snowhite
Daniel & Celia Word
Martin/Goldsboro Memorial Fund
$250 - $499
Ray & Margie Casey
Kirsten S. Colvey
Mariana Moreno
George R. Johnson
Daniel & Amy Sullivan
Kathleen R. Gibson
Dr. Donald & Mrs. Joanne Singer
Richard K. Hogrefe
Dr. Jane K. Beitscher
Bergman, Dacey Goldsmith
CHC Associated Students
Brittnee A. Quintanar
Cyndie St. Jean
Sherri Wilson
Meridyth S. McLaren
Monisha Adnani
Cheryl L. Bardowell
Reynaldo Bell
Ken & April Bryson
CHC Health Sciences Club
Dennis Craig
Marcus E. Dashoff
Dominguez Construction, Inc.
Shane Elliot
Fran Farrell
Scott Hernandez
Dr. James R. Holbrook
Richard Hughes
Hubert Huntley
Dillon McDonald
Timothy Oliver
Robert & Linda O’Toole
Ray Quinto
Bonnie R. Race
The Kiwanis Club of Redlands (noon)
James & Rene Urbanovich
Nancy R. White
Joseph Williams
Yucaipa Sunrise Rotary Club
$100 - $249
Yucaipa Swim Team
Mohamad Zawit
2014 - 2015 DONOR HONOR ROLL
David & Kristine Acquistapace
Michael Bedoya
Ryan Bartlett
Harriet C. Blume
Angela Brinker Saunders
Marina Kozanova
Michael & Casandra Smith
Larry Taylor
Janet Williams
Joe & Ann Marie Cabrales
City of Redlands
Michelle Tinoco
Sunshine Photography
Esthela Castro
Beaver Medical Group
Craig Alder Foundation, Inc.
Keith & JoAnn Jones
Mr. Dasa & Dr. Ericka Paddock
Samuel Torres
Valentine & Company, Inc.
Ted & Barbara Alejandre
David Bednarz
Mr. Louis & Dr. Rejoice Chavira
John E. Brennan
Jose & Rebecca Pompa
Steven J. Rush
Robert McAtee
Scott Rippy
Tom Anderson
Kelly J. Bingham
T. L. Brink
Burtec Waste Industries, Inc.
Lois J. Carson
CHC Academic Senate
Dr. Chuck & Karla Christie
Robert D. Cismowski
Daniel Cozad
Robert D. Crise
Maria Davila
Tommie H. Denson
Doyle Electric
Bradley H. Franklin
Tina M. Gimple
Stephanie K. Harlan
Ronald O. Kibby
Jan Kottke
Dan Lash
Janine M. Ledoux
Jeffrey Lee
Matthew C. Lee
Lynn L. Lowe
Alisa S. Moore
Joseph Morin
Christopher A. Palmer
Delbert J. Powell
Ann Sandez
T.B.M. Fire and Security
Dr. Sam Truong
Kathryn Wilson
Up to $99
Elizabeth Langenfeld
Lisa Shimeld
Larry K. Aycock
Denise Hoyt
Robert D. Brown
Suzanne L. Eshleman
Nicholas Farano
Karen Feld
Niel K. Hunyh
Marty’s Carriage Barn Antiques
Mark McConnell
Gary E. Sanders
Roger L. Schmidt
Juanita M. Sousa
Dr. Charles S. Terrell
Sam Yacob
Deneatrice Lewis
Leilani Nunez
Alexandra Matthews-Woodcock
Benjamin Mudgett
Darrell Allred
Jeffrey Bua
County of El Dorado
Jeremy Crooks
Kristin Garcia
Alicia M. Hallex
Skyler Herron
Karol McCool
Roy & Laura Record
Daniel R. Rojas
Alexander Ekstrom
Jennifer Gonzalez-Navarro
Sabrianna Kendall
Beatriz Monroy
Charity Page
Alfredo Pinedo
Guadalupe Ramos
Adrianna Robles
Aftan Sneed
Crystal Sultzbaugh
Laura Thompson
Justin Wiekamp
Mary Barger
Mexwell Boling
Genesis Delgado
Richard Lopez
Cecelia M. Moreno
Karla Trujilo
Matthew C. Adams
Dianne Purves
Ashley’ s Soy Creations
Gifts in Kind
Baker’s Burgers
CHC Bookstore
Cheryl A. Cox
Disneyland
Donna M. Ferracone
Fiesta Village
Kathleen R. Gibson
Gloria Macías Harrison
Donna Hoffmann
Denise Hoyt
Inland Empire 66ers
Kirkorian Premier Theaters
KVCR - TV/DT/FM
Lake Arrowhead Resort and Spa
Laser Island
Lindsey Financial, Inc.
Mill Creek Cattle Company
William M. Nassar
Charlie & Tommi Ng
Papagayos Mexican Restuarant & Cantina
Col. David & Mrs. Diane Raley
Sam & Michelle Riggs
Stater Bros.
USS Midway Museum
Drs. Steve & Rebeccah Marlatt
Harvey Ricketts & Betty Jo Wood
Yucaipa Valley Golf Club
We make every effort to recognize all our
generous contributions in an accurate
and timely manner. However, it is possible
that some names have been inadvertently
omitted or incorrectly published. If you
noticed a mistake, please accept our apology
and feel free to bring it to our attention by
calling 909.389.3391 so we can correct our
records. Thank you!
31
2014-2015 AUDIT REPORT
L. Ray Ashworth
CERTIFIED PUBLIC ACCOUNTANT
INDEPENDENT AUDITOR’S REPORT
Board of Directors
Crafton Hills College Foundation
Yucaipa, CA
I have audited the accompanying financial statements of Crafton Hills College
Foundation, which comprise the statement of financial position as of June 30, 2015, and
the related statements of activities, cash flows, and functional expenses for the year
then ended, and the related notes to financial statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial
statements in accordance with accounting principles generally accepted in the United
States of America; this includes the design, implementation, and maintenance of
internal control relevant to the preparation of fair presentation of financial statements
that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
My responsibility is to express an opinion on these financial statements based on my
audit. I conducted my audit in accordance with auditing standards generally accepted in
the United States of America and the standards applicable to financial audits contained
in Government Auditing Standards, issued by the Comptroller General of the United
States. Those standards require that I plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts
and disclosures in the financial statements. The procedures selected depend on the
auditor’s judgment, including the assessment of the risks of material misstatement of
the financial statements, whether due to fraud or error. In making those risk
assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an opinion
1
32
2014-2015 AUDIT REPORT
on the effectiveness of the entity’s internal control. Accordingly, I express no such
opinion. An audit also includes evaluating the appropriateness of accounting policies
used, and the reasonableness of significant accounting estimates made by
management, as well as evaluating the overall presentation of the financial statements.
I believe that the audit evidence I have obtained is sufficient and appropriate to provide
a basis for our audit opinion.
Opinion
In my opinion, the financial statements referred to above present fairly, in all material
respects, the financial position of Crafton Hills College Foundation, as of June 30, 2015,
and the changes in net assets, its cash flows, and functional expenses for the year then
ended in accordance with accounting principles generally accepted in the United States
of America
Other Matters
I also have audited the adjustments described in Note 9 that were applied to restate the
beginning net assets to correct an error. In my opinion, such adjustments are
appropriate, and have been properly applied. I was not engaged to audit, review, or
apply any procedures to the June 30, 2014 financial statements of the Foundation other
than with respect to the adjustments, and accordingly, I do not express an opinion, or
any other form of assurance, on the June 30, 2014 financial statements taken as a
whole.
L. Ray Ashworth
Redlands, California
October 22, 2015
1101 Orange St  Redlands, CA 92373
(909) 307-0880 FAX (909) 307-5378
2
33
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED
JUNE 30, 2015
TEMPORARILY
PERMANENTLY
RESTRICTED
RESTRICTED
UNRESTRICTED
TOTAL
ASSETS
CURRENT ASSETS
Cash and cash equivalents
$
Investments
84,567
$
441,759
$
44,024
$
570,350
30,600
1,303,167
-
1,333,767
4,900
338,300
-
343,200
120,067
2,083,226
44,024
2,247,317
Charitable Gift Annuities
-
34,509
-
34,509
Total Non-Current Assets
-
34,509
-
34,509
Art Work
Total Current assets
NON-CURRENT ASSETS
TOTAL ASSETS
$
120,067
$
120,067
-
$
2,117,735
$
44,024
$
2,281,826
-
$
120,067
2,117,735
LIABILITIES AND NET ASSETS
NET ASSETS
Unrestricted
Temporarily restricted
Permanently restricted
Total Net Assets
LIABILITIES AND NET ASSETS
$
$
2,117,735
$
-
-
44,024
44,024
120,067
2,117,735
44,024
2,281,826
120,067
$
2,117,735
$
44,024
$
2,281,826
See accompanying notes to financial statements and Independent Auditor’s Report
3
34
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED
JUNE 30, 2015
UNRESTRICTED
SUPPORT AND REVENUE
Contributions
$
32,495
TEMPORARILY
RESTRICTED
$
85,901
PERMANENTLY
RESTRICTED
$
TOTAL
5,479
$ 123,875
Fundraising
85,570
228,091
-
313,661
Interest and dividends
51,350
-
-
51,350
Donated services revenue
Unrealized gain on investments
Net assets released form restrictions
133,130
2,161
336,582
(336,582)
-
133,130
2,161
-
Total Support and Revenue
641,288
(22,590)
5,479
624,177
83,649
-
1,400
85,049
394,330
-
13,704
408,034
477,979
-
15,104
493,083
General and Administrative
33,652
-
-
33,652
Fundraising
16,988
-
-
16,988
50,640
-
-
50,640
528,619
-
15,104
543,723
112,669
(22,590)
(9,625)
80,454
325,228
1,743,338
132,806
2,201,372
(317,830)
396,987
(79,157)
-
120,067
$2,117,735
44,024
$2,281,826
OPERATING EXPENSES
Programs
Scholarships
Academic support and other
Total Program Expenses
Support Services
Total Support Services
Total Operating Expenses
Change in Net Assets
Net Assets - Beginning
As previously reported
Correction of the prior year financial
statements ( Note 9)
Net Assets - Ending
$
$
See accompanying notes to financial statements and Independent Auditor’s Report
4
35
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
STATEMENT OF FUNCTIONAL EXPENSES
FOR THE YEAR ENDED
JUNE 30, 2015
SCHOLARSHIPS
Scholarships awards
$
72,989
PROGRAMS
ACADEMIC
SUPPORT AND
OTHER
$
SUPPORT SERVICES
GENERAL AND
TOTAL
ADMINISTATIVE
-
$72,989
$
-
FUNDRAISING
$
TOTAL
-
$ 72,989
Materials and Supplies
-
98,329
98,329
258
404
98,991
Employment
-
90,000
90,000
-
-
90,000
Food
Conferences and
meetings
Marketing and
promotion
-
23,415
23,415
-
-
23,415
-
9,424
9,424
-
700
10,124
-
4,206
4,206
-
404
4,610
Banking services
-
-
-
14,732
Donated services
12,060
107,434
119,494
8,383
5,253
133,130
Professional fees
-
7,300
7,300
5,586
-
12,886
Cultivation expenses
-
-
-
4,693
-
4,693
Travel
Equipment and
computers
-
6,016
6,016
-
-
6,016
-
15,059
15,059
-
-
15,059
Classes
-
13,510
13,510
-
-
13,510
Rent
-
8,671
8,671
-
9,427
18,098
Other
Total Program
Costs
-
24,670
24,670
-
800
25,470
408,034
$493,083
16,988
$543,723
$
85,049
$
$
33,652
14,732
$
See accompanying notes to financial statements and Independent Auditor’s Report
6
36
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED
JUNE 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Change in net assets
Adjustments to reconcile change in net assets to
net cash provided by (used in) operating activities:
Depreciation
Effects of changes in operating assets and liabilities:
Accounts receivable
Other assets
Net cash provided by (used in) operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Increase in Investments
Net cash used by investing activities
$
80,454
241,667
5,937
328,058
591,040
591,040
CASH FLOWS FROM FINANCING ACTIVITIES
Net cash used by financing activities
NET INCREASE (DECREASE) IN CASH AND
CASH EQUVALENTS
-
(262,982)
CASH AND CASH EQUIVALENTS,
BEGINNING OF YEAR
833,332
CASH AND CASH EQUIVALENTS, END OF YEAR
$ 570,350
Cash paid for interest was $ 0 and In-kind donations was $ 133,130.
See accompanying notes to financial statements and Independent Auditor’s Report
5
37
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED
JUNE 30, 2015
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
GENERAL
Crafton Hills College Foundation (the Foundation) is an independent nonprofit corporation whose
mission is to promote gifts for the support and enhancement of quality education at Crafton Hills
College. The Foundation’s programs include scholarships and other student awards, academic
support, and the acquisition of instructional equipment and improvements to facilities for both
vocational and academic enrichment.
SOURCES OF FUNDING
Crafton Hills College Foundation receives support from contributions and revenues generated by
investments, grants, and campus activities.
BASIS OF ACCOUNTING
The Foundation maintains its accounting records on the accrual basis of accounting whereby
revenues are recorded when earned and expenses are recorded when the obligation is incurred.
BASIS OF PRESENTATION
The Foundation reports information regarding its financial position and activities according to
three classes of net assets: temporarily restricted net assets, and permanently restricted net
assets.
Unrestricted – these generally result from revenues generated by receiving unrestricted
contributions, providing services, and receiving interest from investments less expenses
incurred in providing program related services, raising contributions, and performing
administrative functions.
Temporarily Restricted – Crafton Hills College Foundation reports gifts of cash and
other assets as temporarily restricted support if they are received with donor stipulations
that limit the use of the donated assets. When a donor restriction expires, that is when a
stipulated time restriction ends or the purpose of the restriction is accomplished,
temporarily restricted assets are classified to unrestricted net assets and reported in the
Statement of Activities as net assets released from program or capital restrictions.
Permanently Restricted – These net assets are received from donors who stipulate that
resources are to be maintained permanently, but permits Crafton Hills College
Foundation to expend all of the income (or other economic benefits) derived from the
donated assets.
PROPERTY AND EQUIPMENT
Property and equipment are recorded at cost if purchased or at fair value at the date of donation.
Donor restricted property and equipment whose restrictions are met in the same period are
labeled as unrestricted donations. Property and equipment is capitalized if the cost of an asset is
greater than or equal to $2,500 and the useful life is greater than one year. Depreciation is
calculated using the straight-line method over five to fifteen years.
7
38
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED
JUNE 30, 2015
The preparation of financial statements in conformity with generally accepted accounting
principles requires management to make estimates and assumptions that affect certain reported
amounts and disclosures. Accordingly, actual results could differ from those estimates.
CONTRIBUTIONS
Contributions received are recorded as increases in unrestricted, temporarily restricted, or
permanently restricted net assets depending on the existence and/or nature of any donor
restrictions. Donor-restricted contributions are reported as increases in temporarily or
permanently restricted net assets, depending on the nature of the restrictions. When restrictions
expire (that is, when a stipulated time restriction ends or purpose restriction is accomplished),
temporarily restricted net assets are reclassified to unrestricted net assets and reported in the
statement of activities as net assets released form restrictions.
INCOME TAX STATUS
The Foundation is exempt from income tax status under Internal Revenue Code Section 501( c )
( 3 ) and California Revenue Code Section 23701d. The Organization is not considered a private
foundation under Section 509( a ) of the Internal Revenue Code.
In accordance with accounting standards, which provides accounting and disclosure guidance
about uncertain tax positions taken by a foundation, Management believes that all of the positions
taken by the Foundation in its federal and state income tax returns are more likely than not to be
sustained upon examination. The Foundation files returns in the U.S. Federal jurisdiction and the
State of California. The Organization’s federal income tax returns for the tax years 2011 and
beyond remains subject to examination by the Internal Revenue Service. The Organization’s
California income tax returns for 2010 and beyond remain subject to examination by the
Franchise Tax Board.
CASH AND CASH EQUIVALENTS
For purposes of the statements of cash flows, the Foundation considers all highly liquid
investments with an original maturity date of less than 90 days to be cash.
CONCENTRATION OF CREDIT RISK
The Foundation has cash in financial institutions which are insured by the Federal Deposit
Insurance Corporation (FDIC) up to $250,000 at each institution for the interest bearing accounts
or the Securities Investor Protection Corporation (SIPC) up to $500,000 at each institution. At
various times throughout the year, the Foundation may have cash balances at financial
institutions on a periodic basis and does not believe this concentration of cash results in a high
level of risk for the Foundation. At year end the Foundation had investment funds in excess of the
SIPC limit of $ 850,519.
CONTRIBUTED GOODS AND SERVICES
Contributions of donated non-cash assets are recorded at fair value in the period received.
Contributions of donated services that create or enhance non-financial assets, or services that
require specialized skills, are provided by individuals possessing those skills, and would typically
be purchased if not provided through donation, are recorded at fair value in the period received.
8
39
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED
JUNE 30, 2015
FUNCTIONAL ALLOCATION OF EXPENSES
Costs of providing Crafton Hills College Foundation’s programs and activities are presented in the
Statement of Functional Expenses. The Foundation classifies portions to general and
administrative and fundraising based on the costs associated with the respective categories.
Investments are recorded at fair market value. Both unrealized gains and losses from the
fluctuation of market value and realized gains and losses from the sale of investments are
reflected in the statement of activities.
DISCLOSURES ABOUT FAIR VALUE OF ASSETS AND LIABILITIES
Crafton Hills College Foundation adopted the standard for Fair Value Measurements. The Accounting
principle for fair value measurements defines fair value, establishes a framework for measuring fair value
and expands disclosure about fair value measurements.
The Foundation defines fair value as the price that would be received to see an asset or paid to transfer a
liability in an orderly transaction between market participants at the measurement date. The standard also
establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and
minimize the use of unobservable inputs when measuring fair value. The standard three levels of inputs that
may be used to measure fair value:
Level I:
Level II:
Observable prices in active markets for identical assets of liabilities.
Observable inputs other than Level I prices such as quoted prices for
similar assets or liabilities; quoted prices in markets that are not active; or
other inputs that are observable or can be corroborated by observable market
data for substantially the full-term of the asset or liabilities.
Level III: Unobservable inputs that are supported by little or no market activity
and that are significant to the fair value of the assets or liabilities .
2. DONATED SERVICES
The activities carried on by the Foundation are conducted by employees of the San Bernardino
Community College District using the physical resources of Crafton Hills College. Costs incurred
by the district on behalf of the Foundation include wages and occupancy expenses. The amount
of donated services rendered to the Foundation for the year ended June 30, 2015 was $ 133,130.
3. TITLE V FUNDS RESTRICTED FUNDS
The Foundation has elected to restrict Title V funds as a temporary endowment for a period of 20
years. The restriction was placed on the amount of $58,000 which will be released on
August 18, 2029.
4. CHARITABLE GIFT ANNUITIES
The Foundation is the beneficiary of two irrevocable split-interest agreements. Both of these
agreements are charitable gift annuities whereby the Community College League of California is
the third-party trustee. Per the agreements the donors are also the annuitant, and upon
termination the Foundation is entitled to the residuum value of the annuity. For reporting
purposes, the Foundation’s source for measuring the fair value of these annuities is statements
received from the Community College League of California’s trust company, whereby the value of
donated assets are reduced by the present value of expected future cash payments to the
annuitants. Accordingly, this is considered a Level II fair value measurement.
9
40
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED
JUNE 30, 2015
5. ACCOUNTS RECEIVABLE
During 2011 the Foundation was named as a recipient of one-third of the Stanley Krasovec
Irrevocable Trust which was valued at $3,446,993. For the year ended June 30, 2012
management had accrued their share (approximately $1,148,998) less estimated costs to
execute the trust. The total amount initially accrued was $1,100,000. The Stanley Krasovec
Irrevocable trust is to be used for the allied health programs with particular emphasis on the
medical simulation and/or facilities and thus is classified as temporarily restricted
6. INVESTMENTS
Level 1
Level 2
Level 3
Total
$740,556
343,069
142,313
107,597
-
-
$740,556
343,069
142,313
107,597
30,600
-
-
30,600
$1,364,135
-
-
$1,364,135
Merrill Lynch
Equities
Mutual Funds
Government Securities
Corporate Bonds
U.S. Savings Bonds
Total Investments
10
41
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED
JUNE 30, 2015
See Note 1 for a description of the three levels of inputs that may be used to measure fair value.
The following table presents further detail for investments at year end:
Adjusted
Cost
Merrill Lynch
U.S. Savings Bonds
Fair Value
Unrealized
$1,238,920
14,792
1,303,167
30,600
$64,247
15,808
$1,253,712
1,333,767
$80,055
For the fiscal year June 30, 2015, investment returns were comprised of the following:
Interest and dividends
Net realized gains
Net unrealized
gains
$49,722
80,055
Total investment gains
$129,777
During the current year, the Foundation received $ 260,299 of the funds expected from a large
donation from the Stanley Krasovec Irrey Trust. Management has elected to place the funds in an
investment account with Merrill Lynch. The funds are to be used for the allied health programs
with particular emphasis on the medical simulation and/or facilities and thus are classified as
temporarily restricted.
7. TEMPORARILY AND PERMANENTLY RESTRICTED NET ASSETS
Crafton Hills College Foundation Board of Directors has interpreted UPMIFA, in accordance with
California state law, as requiring the preservation of the fair value of the original gift as of the date
of the donor-restricted endowment funds, unless there are explicit donor stipulations to the
contrary. Accordingly, the Foundation classifies the original value of the gifts made to such
endowment as permanently restricted.
Crafton Hills College Foundation’s investment policy stipulates that a prudent portion of monies
are to be placed in interest-bearing accounts, to maximize the potential earnings on the gifts. The
unappropriated investment earnings on permanently and temporarily restricted net assets are
classified as temporarily restricted net assets until the funds are released from their temporarily
restricted purpose.
The general rule for acceptable investments for the aggregated endowment funds (federal and
non-federal) are savings accounts or in low-risk securities in which a regulated insurance
company may invest under the law of the State in which the institution is located. This typically
includes “savings accounts such as a federally insured bank savings account, a comparable
interest bearing account offered by a bank, or a money market fund. “Low-risk securities” includes
certificates of deposit, mutual funds, stocks, or bonds.
11
42
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED
JUNE 30, 2015
Income from the endowment may be spent for costs necessary to operate the Foundation,
including general operating and maintenance costs, costs to administer and manage the
endowment fund, and costs associated with buying and selling securities, such as stockbroker
commissions and fees to “load” mutual funds. Income from the endowment cannot be spent for a
school or department of divinity or any religious worship or sectarian activity, an activity that is
inconsistent with a State plan for desegregation application to the grantee, or an activity that is
inconsistent with a State plan applicable to the grantee.
The detail of temporarily and permanently restricted net assets as of June 30, 2015 is as follows:
Temporarily
Restricted
Endowment net assets beginning of
year
Contributions
Fundraising
Appropriation of endowment assets
Fund transfers
Correction of error (Note 9)
Total
Permanently
Restricted
Total
$1,743,338
$132,806
$1,876,144
85,901
5,479
91,380
228,091
-
228,091
(336,582)
(15,104)
(351,686)
317,830
-
317,830
79,157
(79,157)
-
$2,117,735
$44,024
$2,161,759
12
43
2014-2015 AUDIT REPORT
CRAFTON HILLS COLLEGE FOUNDATION
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED
JUNE 30, 2015
8. ARTWORK
As of June 30, 2015 the Foundation's artwork were comprised of:
Fair Value
Gach Art
Peelle Art
DeGrazia Painting
Lithographic Prints
$302,300
36,000
4,500
400
Total
$343,200
The Foundation received both a Gach and Peelle artwork as contributions. The contributors
required that the Foundation maintain custody of the contributed artwork for three years from the
date of donation. On 11/28/15 and 12/14/15 the Gach and Peelle artwork respectively, will be
released from all holding requirements made by the contributors. At which point the Foundation
will hold legal title to the artwork and any proceeds for the artwork after the specified holding
period will be unrestricted as to its use.
Collections and artwork are valued based on independent appraisals made by Certified
Appraisers prior to their contribution to the Foundation. The Foundation has not had subsequent
appraisals done on these assets. Due to the distinctive and unique nature of artwork, the
appraised values are considered a Level II fair value measurement.
9. CORRECTION OF AN ERROR
The beginning net assets balances have been adjusted between net asset designations, to
correctly restate net asset balances that were not properly reported at June 30, 2014. The
Foundation is exempt from income taxes; therefore, the beginning balance adjustment has
no income tax implications.
10. SUBSEQUENT EVENTS
Management has evaluated subsequent events through October 22, 2015, the date on which the
financial statements were available to be issued and concluded that no subsequent events have
occurred that would require recognition in the financial statements or disclosure in the notes to
the financial statements.
13
44
CRAFTON HILLS COLLEGE ADMINISTRATION
Cheryl A. Marshall, Ed.D. ............................................................................................................ President
Bryan Reece, Ph.D. ...................................................................................... Vice President, Instruction
Rebeccah Warren-Marlatt, Ed.D. ................................................ Vice President, Student Services
Michael Strong, B.S. ........................................................... Vice President, Administrative Services
Joe Cabrales, M.A. .................................................................................. Dean, Student Development
Kirsten Colvey, M.S. .................................. Dean, Student Services/Counseling & Matriculation
Richard K. Hogrefe, M.A. .............................................................................. Dean, Arts and Sciences
Mark Snowhite, M.A. ...... Interim Dean, Math, English, Reading and Instructional Support
Giovanni Sosa, Ph.D. ....................................................... Interim Dean, Institutional Effectiveness
June C. Yamamoto, M.A. ................................ Dean, Career Education & Human Development
Wayne Bogh, M.B.A. ............................................................................. Director, Technology Services
Heather Chittenden, M.B.A. ..................................................................................... Director, Aquatics
Gloriann Chavez, A.A. .............................................................................................. Director, Bookstore
Rejoice Chavira, Ed.D. ........................................................................................... Director, EOPS, CARE
Donna Hoffmann, M.A. ...................................................... Director, Marketing & Public Relations
John Muskavitch, B.S. ......................................................................................... Director, Financial Aid
Ericka Paddock, Ed.D. ......................................................................................... Director, Student Life
Michelle Riggs, M.A. ...................... Director, Resource Development & Community Relations
Deborah Wasbotten, B.A. ...................................................... Director, Child Development Center
Larry Cook ............................................................... Director, Facilities, Operations & Maintenance
Jeremy Crooks ................................................................................... Supervisor, Custodial/Receiving
Marty Rea ........................................................................................................ Supervisor, Food Services
CHC 2014-15
ANNUAL REPORT
Editor:
Donna Hoffmann
Photographers:
Donna Hoffmann
Laura Oliver
Alexandra Woodcock
Graphic Design:
Julie McClain
Printed by:
The San Bernardino
Community College
District Print Shop.
©2014
SAN BERNARDINO COMMUNITY COLLEGE
DISTRICT ADMINISTRATION
Bruce Baron, M.S. Ed. ................................................................................................................ Chancellor
Jose Torres, M.P.A. ............................................................................... Vice Chancellor, Fiscal Services
Lisa Norman, Ed..D. .........................Vice Chancellor, Human Resources & Employee Relations
Steven Sutorus, M.B.A. ................................................................................... Manager, Fiscal Services
Alfredo Cruz ......................................................................................... General Manager, KVCR-TV/FM
Glen Kuck, Ed.D. .................. Associate Vice Chancellor, Technology & Educational Support Services
Matthew K. Isaac, Ph.D. ........ Associate Vice Chancellor, Economic Development & Corporate Training
Larry Strong ........................................................................................................ Director, Fiscal Services
Pierre Galvez, A.A. ............................................................................................................... Chief of Police
Erika Almaraz .................................................................................................... Interim Internal Auditor
SBCCD BOARD OF TRUSTEES
John Longville ............................................................................................................................... President
Joseph Williams, B.A. ......................................................................................................... Vice President
Gloria Macías Harrison, M.A. ............................................................................................................. Clerk
Donna Ferracone, M.A. ................................................................................................................... Trustee
Donald L. Singer, Ph.D. ................................................................................................................... Trustee
Anne L. Viricel, Ph.D. ........................................................................................................................ Trustee
Nickolas W. Zoumbos, M.S. ........................................................................................................... Trustee
Esmeralda Vazquez ............................................................................................... CHC Student Trustee
Thomas Robles ..................................................................................................... SBVC Student Trustee
* San Bernardino Community College
District does not discriminate on the basis
of age, color, creed, religion, disability,
marital status, veteran staus, national
origin, race, sex, sexual orientation,
gender identity or gender expression.
Crafton Hills College
11711 Sand Canyon Road
Yucaipa, California 92399
Non Profit
Organization
U.S. Postage
PAID
San Bernardino,
California
Permit No. 1445
WWW.CRAFTONHILLS.EDU